European stocks rose on Friday, but gains were tempered by a record rise in coronavirus cases in the US Earnings for German business software group SAP SE boosted the index, while Swedish retailer Hennes & Mauritz AB pulled in the other direction after reporting weak sales. The Stoxx Europe 600 …
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Text size Justin Sullivan / Getty Images Macy’s said Thursday it planned to fire at least 3,900 workers in an effort to cut costs. The troubled retailer says the job cuts are part of a restructuring that it hopes to save $ 365 million in costs this year and $ …
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Thursday seems weak again for stocks, with concerns of spreading the US virus. USA And unemployment claims in focus. Beating the S&P 500 for a mile has been GCQ20 gold, -0.19%, one of the best performing asset classes of the year, which recently peaked at 8 years, generating bullish predictions. …
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GNC Holdings Inc. filed for Chapter 11 bankruptcy protection Tuesday with plans to sell and close up to one-sixth of its 7,300 stores worldwide. The GNC vitamin and supplement vendor, -24.69% He blamed the presentation of the slump in sales due to the coronavirus pandemic, demands from faster payment providers, …
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Younger sustainability-minded shoppers and bargain-hunting consumers of all ages who feel the economic pinch of the COVID-19 pandemic are increasingly giving up new clothing for resale items that sometimes still have their labels . In fact, according to thredUP, a leading online second-hand shopping site, an increase in resale demand, …
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